Civil Aerospace Simulation and Training Market Research Report covers the present scenario and the growth prospects of the Civil Aerospace Simulation and Training Industry for 2017-2021. Civil Aerospace Simulation and Training Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Civil Aerospace Simulation and Training globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Civil Aerospace Simulation and Training Market:
- FlightSafety International
- L-3 Link Simulation & Training
- Jude Medical
- Rockwell Collins
Other Prominent Vendors of Civil Aerospace Simulation and Training Market Are:
- ECA GROUP
- FRASCA International
- Lockheed Martin
- SIMCOM Aviation Training
One trend in the market is the Monopoly through M&A despite multiple stakeholders. A considerable monopoly exists in the market, making the market leaders dictate the terms and set the trend for tier 1 customers. Stakeholders, such as CAE, have become even more dominant in the global civil aerospace simulation and training market after the acquisition of LMCFT, which was previously the Netherlands-based Sim-Industries. However, competitors, such as FlightSafety International, tend to focus on innovation directed toward cost-effectiveness to boost their market share. This is due to the capability of several simulator manufacturers to deliver high-performance FFS but falling short with respect to the economic viability. TRU Simulation + Training, a Textron company, also ventured into the market by acquiring assets from Opinicus and Mechtronix.
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According to the report, one driver in the market is the growth in commercial aircraft deliveries and demand for pilots. The rising growth in global aircraft deliveries has led to an increased demand for pilots which, in turn, is driving the demand for flight simulators and training devices. This was reflected when Canada-based CAE acquired contracts for 53 FFS sales for FY2016, exhibiting a 29% increase than FY2015.
Report also presents Geographical Segmentation analysis of Civil Aerospace Simulation and Training Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in the market is the Simulation skills may not suffice in real life crisis. Most simulator training involves controlling the aircraft moderately close to the ground, within the vicinity of certain airports, during the time of approach, landing, and take-off as well as initial departure. Though upset recognition and recovery practices are being included in most training schedules, loss-of-control inconveniences, mostly at high altitude, remain a challenge. Control failures have often resulted in the loss of lives in transport category aircraft.
Key questions answered in Civil Aerospace Simulation and Training market report:
- What will the Civil Aerospace Simulation and Training market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Civil Aerospace Simulation and Training market?
- What are the challenges to Civil Aerospace Simulation and Training market growth?
- Who are the key vendors in Civil Aerospace Simulation and Training market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 66
Price of Report: $ 3500 (Single User License)
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